Severe rains battered the country for several weeks, causing flooding that washed away parts of rail infrastructure and disrupted production operations.
There was a delayed reaction in the market to the weather reports, and prices initially took no account of them, but they were cited as part of a combination of upward pressures on prices in late February, along with
rising freight rates and a stronger South African rand.
Fastmarkets’ manganese ore index, 37% Mn, cif Tianjin, rose to $4.94 per dry metric tonne unit (dmtu) on Friday...
